#SECETFApproval Ethereum (ETH) has enormous potential for a long-term price explosion, and several key factors support this forecast.

Stimulating Factors:

🌟Major Network Transformations (Dencun & Pectra Upgrades): Recent and upcoming updates like Dencun and Pectra aim to significantly improve network efficiency, reduce transaction costs (especially for Layer 2s like Arbitrum and Optimism), and increase scalability. These improvements make Ethereum more attractive for developers and users, which boosts demand.

🌟Growth of Layer 2s: These layers rely on Ethereum's security and offer faster and cheaper solutions. With the performance of Layer 2s improving through updates, it is expected that Ethereum's main network will experience growing demand as the final "settlement layer," which increases the value of ETH.